IT8
ActiveSummary
IT8 has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €580,020 and a net result of -€53,716. Equity has been growing by about 3.6% per year since 2019. Its solvency ranks better than 83% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-03-1996 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment unit
- 2.076.030.622 2320 Hoogstraten, since 09-04-1996
- Financial year end
- 30 September
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- -€58,309
- Loss
- €53,716
- Equity
- €580,020
- ▼ 8.5%
- Total assets
- €686,753
- ▼ 3.0%
Score breakdownraises riskLoss of €53,716 (financial year 2025)lowers riskLiquidity: current ratio 6.41, cash €237,797Equity €580,020 (84.5% of total assets)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 83% on liquidity, 10% on profitability and 29% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 71 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 24-02-2026 PDF all 28 filings
Every figure per financial year
The operating result for 2025 is a loss of €59,469, after a profit of €16,796 in 2024. It is the lowest result since 2020.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Investments
| Item | 30-10-2022 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|
| Tangible fixed assets | - | - | €3,136 |
| Depreciation and write-downs of the year | €7,080 | - | €1,040 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 1 entry · €210 awarded · €210 paid| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6,198 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,093 | €8,680 | €9,225 | €7,080 | - | €1,040 | - |
| Other operating charges640/8 | - | - | - | €624 | €2,180 | €120 | ▼ 94.5% |
| Gross operating margin9900 | €55,290 | €62,721 | €57,608 | €70,055 | €18,976 | -€58,309 | - |
| Operating profit (loss)9901 | €45,064 | €53,831 | €48,134 | €62,351 | €16,796 | -€59,469 | - |
| Financial income75/76B | - | - | - | €2,354 | €19,800 | €9,588 | ▼ 51.6% |
| Recurring financial income75 | €2,771 | €3,837 | €11,922 | €2,354 | €19,800 | €9,588 | ▼ 51.6% |
| Financial charges65/66B | - | - | - | €11,083 | €7,225 | €2,023 | ▼ 72.0% |
| Recurring financial charges65 | -€2,217 | €11,457 | €10,608 | €11,083 | €7,225 | €2,023 | ▼ 72.0% |
| Profit (loss) for the period before taxes9903 | €50,052 | €46,212 | €49,448 | €53,623 | €29,371 | -€51,904 | - |
| Transfer to deferred taxes680 | - | - | - | - | €17,037 | - | - |
| Income taxes67/77 | €16,475 | €14,265 | €15,820 | €16,184 | - | €1,813 | - |
| Profit (loss) for the period9904 | €33,578 | €31,947 | €33,628 | €37,439 | €12,335 | -€53,716 | - |
| Profit (loss) for the period to be appropriated9905 | €31,685 | €31,947 | €33,628 | €37,439 | €12,335 | -€53,716 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €756,653 | €788,733 | €830,690 | €876,311 | €708,308 | €686,753 | ▼ 3.0% |
| Fixed assets21/28 | €22,729 | €14,049 | €7,080 | - | - | €2,095 | - |
| Tangible fixed assets22/27 | €22,729 | €14,049 | €7,080 | - | - | €2,095 | - |
| Furniture and vehicles24 | - | - | - | - | - | €985 | - |
| Leasing and similar rights25 | - | - | - | - | - | €1,110 | - |
| Current assets29/58 | €733,924 | €774,684 | €823,610 | €876,311 | €708,308 | €684,657 | ▼ 3.3% |
| Amounts receivable within one year40/41 | €8,159 | €9,859 | €6,930 | €16,704 | €5,498 | €6,869 | ▲ 24.9% |
| Trade receivables40 | - | - | - | €14,826 | €4,483 | €6,100 | ▲ 36.1% |
| Other amounts receivable41 | - | - | - | €1,878 | €1,015 | €769 | ▼ 24.2% |
| Current investments50/53 | €525,168 | €579,328 | €641,156 | €738,879 | €620,878 | €439,599 | ▼ 29.2% |
| Cash at bank and in hand54/58 | €200,597 | €185,497 | €175,523 | €120,729 | €81,333 | €237,797 | ▲ 192% |
| Deferred charges and accrued income490/1 | - | - | - | - | €599 | €393 | ▼ 34.4% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €756,653 | €788,733 | €830,690 | €876,311 | €708,308 | €686,753 | ▼ 3.0% |
| Equity10/15 | €518,388 | €550,335 | €583,963 | €621,401 | €633,736 | €580,020 | ▼ 8.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | - | - | - | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €499,796 | €531,743 | €564,743 | €601,743 | €613,743 | €613,743 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | - | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | - | - | €2,102 | €2,102 | €2,102 | = |
| Distributable reserves133 | - | - | - | €597,781 | €609,781 | €609,781 | = |
| Profit (loss) carried forward14 | - | - | €628 | €1,066 | €1,401 | -€52,315 | - |
| Amounts payable17/49 | €238,265 | €238,398 | €246,727 | €254,910 | €74,572 | €106,733 | ▲ 43.1% |
| Amounts payable within one year42/48 | €238,265 | €238,398 | €241,574 | €250,089 | €74,572 | €106,733 | ▲ 43.1% |
| Trade debts44 | €1,501 | €3,166 | €3,537 | €1,903 | €10,489 | €7,207 | ▼ 31.3% |
| Suppliers440/4 | - | - | - | €1,903 | €10,489 | €7,207 | ▼ 31.3% |
| Advances received on contracts in progress46 | - | - | - | - | - | €6,166 | - |
| Taxes, remuneration and social security45 | - | - | - | €4,177 | - | - | - |
| Taxes450/3 | - | - | - | €4,080 | - | - | - |
| Remuneration and social security454/9 | - | - | - | €96 | - | - | - |
| Other amounts payable47/48 | - | - | - | €244,010 | €64,083 | €93,359 | ▲ 45.7% |
| Accrued charges and deferred income492/3 | - | - | - | €4,821 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,578 | €31,947 | €33,628 | €37,439 | €12,335 | -€53,716 | - |
| + Depreciation and write-downs630 | €9,093 | €8,680 | €9,225 | €7,080 | - | €1,040 | - |
| Operating cash flow (approximation) | €42,670 | €40,626 | €42,852 | €44,519 | €12,335 | -€52,676 | - |
| Investment in fixed assets (approximation) | - | €0 | -€2,255 | - | - | - | - |
| Change in cash | - | -€15,100 | -€9,973 | -€54,794 | - | €156,463 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as IT8 has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IT8 itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for IT8. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 24-02-2026 | 2026-00042923 | |
| 30-09-2024 | micro format | 15-02-2025 | 2025-00034960 | |
| 30-10-2022 | micro format | 23-02-2023 | 2023-00030604 | |
| 30-10-2021 | micro format | 22-02-2022 | 2022-06100015 | |
| 30-10-2020 | micro format | 18-03-2021 | 2021-07800430 | |
| 30-10-2019 | abbreviated format | 13-03-2020 | 2020-06600410 | |
| 31-10-2018 | abbreviated format | 17-05-2019 | 2019-13400596 | |
| 30-10-2017 | abbreviated format | 07-03-2018 | 2018-06400521 | |
| 30-10-2016 | abbreviated format | 02-05-2017 | 2017-11400385 | |
| 30-10-2015 | abbreviated format | 07-03-2016 | 2016-05900437 |
Board & ownership
Directors
Owners and capital
Owners
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s),naar evenredigheid verworven aantal, elke overdracht onder levenden,ten bezwarende en ten kosteloze…”
Articles of association, deed of 06-04-2022 (in Dutch)
Network & group
IT8 shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of IT8. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
30-10
Gazette deed
Amendment of the articlesPower of attorney4 points ▸
- General meeting, “unanimiteit van stemmen, buitengewone algemene vergadering” (deed in Dutch)
- Other provision, “overgangsmaatregel lopend boekjaar, verlenging en afsluiting” (deed in Dutch)
- Power of attorney
- Amendment of the articles
06-04
Gazette deed
Legal-form change · Resignations & appointmentsAmendment of the articles · Reserve release · Power of attorney7 points ▸
- General meeting, “unanimiteit van stemmen, buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Other provision, “Aanpassing van het kapitaal aan het Wetboek van vennootschappen en verenigingen”, 2 (deed in Dutch)
- Reserve release, “beschikbaar maken”, 3 (deed in Dutch)
- Other provision, “verslag bestuursorgaan artikel 5:101 Wetboek van Vennootschappen en Verenigingen”, 5 (deed in Dutch)
- Other provision, “Adres van de vennootschap”, 8 (deed in Dutch)
- Power of attorney
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
7 activities
- Werkzaamheden van Fotografie en droneopnames;
- De verkoop,aankoop,verhuur en huur van onroerende goederen;
- De verhuring van allerhande gebruiksvoorwerpen en materieel,deze opsomming is niet beperkend enkel aanwijzend;
- Zij mag daarenboven rechtstreeks of onrechtstreeks deelnemen aan de werking van andere vennootschappen,borg stellen of aval verlenen,voorschotten en kredieten toestaan en hypothecaire of andere waarborgen verstrekken.
- Ondersteuning computer-hardware,ontwikkeling software en onderhoud van soft- en hardware,deze opsomming is niet beperkend enkel aanwijzend;
- Verder is de vennootschap gerechtigd,zowel in België als in het buitenland,alle industriële,,handels- financiële-,roerende en onroerende handelingen te verrichten;
- Zij mag daarenboven rechtstreeks of onrechtstreeks deelnemen aan de werking van andere vennootschappen,borg stellen of aval verlenen,voorschotten en kredieten toestaan en hypothecaire of andere waarborgen verstrekken.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13014D0157/00A002 | Flanders | 805 m² | 1 · 240 m² | 7.4 m · 2 |